Celebrate!
Celebrate!
Even the elusive Dale Begg-Smith from Australia celebrated when he crossed the finish line. This guy has no emotion and does not like the press at all. In fact on the medal podium it looks like he can’t wait to get out of the spotlight. But the second he came across the finish line he looked like a kid in a candy shop. He celebrated in his own way. When you finish your rehab and retail, celebrate. Now don’t get ahead of yourself, let’s define finish. Finish is when you have the check in your hand and your hard money lender has been paid back. That is the time to celebrate. Don’t make the mistake of spending the money just because you have the property under contract. Problems happen, in real estate nothing is a sure thing. Lenders go out of business, people don’t fund, buyers lose jobs, inspectors don’t like the house, the list goes on and on.
So once your Hard Money Lender is paid off and your check is in hand it is time to celebrate. I like to set a goal when I originally purchase the property. Nothing crazy just something to represent the hard work, for example taking my wife to a really fancy restaurant, getting a new chair for the house or something small, but something you would not normally do. Don’t overdue it, be conservative. But do something fun and Celebrate. By the way, if by some slim chance Dale Begg-Smith sees this post, for the record, the world saw you smile when you crossed the finish line and congrats on the silver medal. I hope you took some time to celebrate!
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